Nuverra Environmental Solutions (NYSE:NES), a leading provider of full-cycle environmental solutions to energy and industrial end-markets, welcomes oil industry veteran R.D. “Dan” Nelson to the Company’s Board of Directors. The appointment was previously announced as part of the Company’s fiscal 2013 third-quarter report. “Dan brings tremendous experience that reflects the full spectrum of the petroleum industry, including production and refining, liquefied natural gas development, project management, and supply and trading,” said Chief Executive Officer Mark D. Johnsrud. “We are extremely fortunate to welcome him to Nuverra and look forward to the added vision and guidance he will bring to the Board.” During his 32-year career with ExxonMobil, Mr. Nelson most recently served as a Vice President and officer of the corporation as the senior executive in Washington, D.C., leading the company’s government relations operations. He also held a variety of other senior positions with ExxonMobil and Mobil in the United States, the United Kingdom and Saudi Arabia. These positions included Chairman and Chief Executive Officer of ExxonMobil Saudi Arabia, leading the LNG venture development function, management of Mobil’s shareholding in the Arabian American Oil Company; manager of Mobil’s Middle East Department, and head of planning and analysis for the supply and trading organization in Mobil’s global headquarters. Mr. Nelson served on the boards of several major petrochemical and refining joint ventures in which ExxonMobil had major ownership stakes, including the largest petrochemical plant in the world. Mr. Nelson also is a member of the Board of Trustees of the Washington, D.C.-based Energy Policy Research Foundation, Inc. (EPRINC), a not-for-profit organization that studies energy economics and policy issues with special emphasis on oil, natural gas, and petroleum product markets. He also serves on the Board of Directors for Mascoma Corp., a bioconversion company working to develop the efficient production of fuels and chemicals from biomass sources. He is a past director of the American Petroleum Institute.
In addition, Mr. Nelson has served as a director of several nonprofit organizations, including Mentor Foundation USA, Arena Stage, Meridian International Center, American Near East Refugee Aid, N Street Village, the Middle East Policy Council and the Middle East Institute.About Nuverra Environmental Solutions, Inc. Nuverra Environmental Solutions is among the largest companies in the United States dedicated to providing comprehensive and full-cycle environmental solutions to customers in energy and industrial end-markets. Nuverra focuses on the delivery, collection, treatment, recycling, and disposal of restricted solids, water, wastewater, used motor oil, spent antifreeze, waste fluids and hydrocarbons. The Company continues to expand its suite of environmentally compliant and sustainable solutions to a collection of customers that demand stricter environmental compliance and accountability from their service providers. Interested parties can access additional information about Nuverra on the Company's web site at http://www.nuverra.com, and in documents filed with the United States Securities and Exchange Commission, on the SEC's web site at http://www.sec.gov. Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in the press release include, without limitation, forecasts of growth, revenues, business activity, adjusted EBITDA and pipeline expansion, and future benefits from UMO cost reductions, statements regarding possible divestitures, timing of such divestitures, acquisitions, financings and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in acquiring and integrating businesses; uncertainties in evaluating goodwill and long-lived assets for potential impairment; potential financial impact of litigation; whether certain markets grow as anticipated; pricing pressures; risks associated with our indebtedness; low oil and or natural gas prices; changes in customer drilling activities and capital expenditure plans; shifts in production into shale areas in which we currently do not have operations; control of costs and expenses; and the competitive and regulatory environment. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as well as the Company's other reports filed with the United States Securities and Exchange Commission, which are available at http://www.sec.gov/ as well as the Company's web site at http://nuverra.com/ . As a result of the foregoing considerations and the other limitations of non-GAAP measures described elsewhere herein, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. All forward-looking statements are qualified in their entirety by this cautionary statement. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.